The USD/JPY made an unusually strong weekly rise last week, closing right on its high at its highest closing price seen in over 5 years. These are very bullish signs, with the US Dollar making a strong bullish breakout and the Japanese Yen showing the greatest weakness of all major currencies putting this pair in focus right now. I see this currency pair as a buy...
📉 Expecting bearish price action on UJ as price is rejecting an important area of bearish orderblock h4 and it should go lower from there, we also have a bearish orderblock on H1 right in that area + bearish imbalances that were filled. Targets into 115.000, What do you think ? Comment below..
After the Great Fall USDJPY Started Recovering and Gradually Started Pumping Upwards . I See More Buys Towards Marked Level On Chart To Over Take OLD HIGHS to Seek Buy Side Liquidity For Selling ! If I m on right page Long Runs will be towards OLD HIGHS
USDJPY would do correction downwards for may be 2 or 3 days and then we will se a big Bullish Movement in this pair.
My current bias for USDJPY / Waiting for price to get into my area before looking for a long opportunity
Hi TRADERS this is my trade set up for the USD/JPY for the new week ahead USD/JPY I am expecting a pullback to the order block zone, this pair is still looking bullish to me overall, so will looking for buy trade only This is my analysis only please trade with caution and risk management in place good luck for this weeks trading please like comment and follow
The price for USDJPY is consolidating at the bottom of the channel looking for another run to break the top of the channel. The bottom may be in but do not be surprised to see another fake out to the bottom. If you are already in the long, and in profit, you can take some profits off the table once price tests 116.5. Otherwise, I think we can wait for a better buy...
It looks like there is more downside to come for the DXY though the move will likely be capped in a range. This downward move can get some support at around the 114.6 or 114.2 levels before it hits the bottom of the range. What the price chooses to do at those levels will be largely dependent on what the central banks do. Is the federal reserve going to turn more...
#USDJPY Looking for Buy trade setup as I mentioned in the Chart.! Keep Supporting LIKE, COMMENT And FOLLOW.! Thank You.!
Hello traders. Due to the negative divergence and the formation of the last ceiling, which is lower than the last ceiling, I expect the price to decrease with two targets. If you agree with me, do not forget to like.
The wave 5 is incoming for the USDJPY. A hawkish fed plus a lagging BOJ is the perfect formulae for this to happen. This correction is great for a buy and we ride the wave 5 impulse to 120.
USDJPY is currently at a very crucial level. It is facing a rejection from the previous resistance zone. For LONG :- One can enter it once it closes above 116.5 in Daily TF for target of 118+. For SHORT :- One can enter around 115.5 with a SL of 116.5 for target of 113 (SAFE TARGET). Trade safe. Manage risk. Be profitable. Please follow us for more simple...
Have buyers been lured in with a clean breakout creating support? It is a possibility. If this is the case, I would like to see some sells from this region. The ideal entry would be on the pullback after the BOS but aggressive traders could consider this region. For this sell to work, price cannot pass the high marked or the setup will be invalidated. ...
Price is on a massive weekly support, so i'm considering go long on this pair. This is a long term trade. This is not a financial advise, please follow an appropiate risk managment.
This 155.214 level for the GBPJPY is extremely crucial? Will it hold for more sustained upside or will this range bound trading continue? I am slightly bullish to the upside for one last blow off top. But there are other pairs that have clearer direction. If you'd like to enter a trade, control your risk and expect price to turn against you. I'd personally long...
The dollar yen is trading in its wave 4 range, lurking in the dark to pounce onto the wave 5 impulse. I think the fed's decision on rates may surprise us in the coming weeks leading to a strong dollar rally and a sell off in risk on. Short term, the 113, 112 or even 111 are in play before this upside. We are expecting wave 5 to test 120. Trade safe!
USDJPY has been following parallel channel by its heart and core. We were long when it was at trendline support (Check USDJPY chart) and attempted short from the horizontal level (Check Chart). Currently we are expecting it will take a hit once again from horizontal level and price will come down. Alternatively price can break the resistance and test the channel...
Hello traders. I expect the price to fall to the bottom of the channel again once the ascent and intersection with the roof of the descending channel to complete the fourth wave. Then get ready for wave five. Are you agree?